Corporate Treasury Management

Interest Rate Risk Management (4 modules)

Financial markets have seen enormous growth in fixed-income obligations, which has, in turn, increased volatility of interest rates. The management of interest rate risk using various derivative instruments (futures, swaps and options) forms the focus of this course. The mechanics and application of these instruments for hedging, arbitrage and speculation purposes are discussed. Caselets and simulation exercises facilitate better understanding of interest rate risk management.

You will learn:

• Managing interest rate risk using derivative instruments
• Pricing and valuation of interest rate derivatives
• Building hedging strategies

 
Foreign Exchange Management (7 modules)

This course provides an in-depth understanding of the various risks (transaction, translation and economic exposure) a corporation is exposed to when dealing in foreign exchange. The sources of these exposures and the techniques employed to mitigate them, using different financial instruments, are discussed. Various caselets in the form of simulations are provided for better understanding. A 10-point checklist for sharing currency risks in long-term contracts is one of the highlights of this course.

You will learn:

• Various foreign exchange exposures
• Techniques for mitigating those exposures
• Real-life case studies on currency risk exposure
• Currency risk sharing agreement

Funding and Investments (5 modules)

The short-term and long-term financing needs and methods that cater to funding and investments of a corporation through money and capital markets form the focus of this course. An overall view of managing corporate risk exposure at a portfolio level is also provided.

You will learn:

• Short-term and long-term financing needs of corporations
• Role of money markets and capital markets
• Portfolio management and performance measurement

Implementation (4 modules)

Implementation and execution of a treasury strategy are fundamental to a well-managed treasury. In this module, we cover treasury implementation, with detailed looks at the types of treasury software systems available and a framework for formulating a policy statement. We will also analyze control issues in treasury management (FAS133).
 

Treasury Analytics (5 modules)

The concept of yield curve analysis, different analytical techniques like duration, convexity and basis point value, which form the basis for understanding the overall risk measurement framework are the elements of this course. The practitioner is introduced to the Value-at-Risk (VaR) methodology to measure risks.

You will learn:

• Yield curve analytics
• Various analytical techniques
• Value-at-risk methodology

Treasury Management Case Studies (5 modules)

Learn about five high-profile treasury and risk management failures that created big problems for the company. We'll review the treasury debacles at Allied Irish Bank, P&G, Gibson Greetings, Lufthansa and Sumitomo to analyze the practical issues of treasury management. As a take-away, you can review and compare your company's methods and systems, and help improve the treasury function.